Im going to eat now and watch Supernatural 
- #1,563
- Nov 4, 2007 11:14am Nov 4, 2007 11:14am
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
OK, for stop loss I tested from 40 to 120 and none get a better result than without. So on to trailing stop.
I have to bathe the dwarf-factor aka dragoneggs - be back in a few minutes!
Bye Pipsy, Bye Mater C.!!
OK now for trailing stops.
Our benchment is 268 monthly pips with no trailing stop (tested jan 1 to aug 30, so as to take out the sept-oct big move) with a MOM of 36.
Well, be happy my eating and bathing friends, because with a trailing stop of 110 we shoot that one up to 341 pips/mth (not exactly sure how those big trailing stops work, last week I was watching one increment (gbpjpy @ TS of 440 but it "seemed" to trail at 140, I'll need to study that more - or if anyone would care to explain how those work... I thought if you have a trailing stop of 100, let's say, and the price gets to 100 pips, then it starts trailing it x (?) number of pips. I wonder where we set x ?)) Anyway, the numbers speak for themselves, I'll "understand" them later.
Now to the TPs......................................
Our benchment is 268 monthly pips with no trailing stop (tested jan 1 to aug 30, so as to take out the sept-oct big move) with a MOM of 36.
Well, be happy my eating and bathing friends, because with a trailing stop of 110 we shoot that one up to 341 pips/mth
(not exactly sure how those big trailing stops work, last week I was watching one increment (gbpjpy @ TS of 440 but it "seemed" to trail at 140, I'll need to study that more - or if anyone would care to explain how those work... I thought if you have a trailing stop of 100, let's say, and the price gets to 100 pips, then it starts trailing it x (?) number of pips. I wonder where we set x ?)) Anyway, the numbers speak for themselves, I'll "understand" them later.Now to the TPs......................................
And for the final touch on AUDUSD. You might have noticed (or not) that some pairs have better results with TPs than without (it's the case for chfjpy 58/-178, usdjpy 111/47 and gbpusd 184/166). Others have better results without TPs but I still included them in my B&Bs for good pipage even though they do "better" with their stop losses or trailing stops (eurjpy 216/229, cadjpy 259/279 and gbpjpy 302/569). Well audjpy goes with this latter group. Its results are 275/341. So in they go with the Autobots no TP and with the B&Bs at TP 120 for 275 pips/mth! Yeeehawwwwwwwww
- #1,569
- Edited 2:33pm Nov 4, 2007 12:31pm | Edited 2:33pm
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
OK now for trailing stops.
Our benchment is 268 monthly pips with no trailing stop (tested jan 1 to aug 30, so as to take out the sept-oct big move) with a MOM of 36.
Well, be happy my eating and bathing friends, because with a trailing stop of 110 we shoot that one up to 341 pips/mth
Now to the TPs......................................
A trailingstop starts to move after the price has moved 100 pips in your expample above. At +100 price the TS is 0. For +116 the TS is +16. So with every pip the price reaches new highs above the +100 level the TS will move up by the same increment.
EDIT: Why didn't you tell me that this was complete nonsense as I was using TF instead of TS!!
- #1,570
- Nov 4, 2007 12:32pm Nov 4, 2007 12:32pm
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
- #1,571
- Nov 4, 2007 12:36pm Nov 4, 2007 12:36pm
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
Here are the tables which now include our new friend AUDUSD:
There are different groups now in the tableau that a not too strongly correlated and may acutally hedge a bit. I will look into the correlation a bit later on as the eggs are in bed!
- #1,572
- Nov 4, 2007 2:34pm Nov 4, 2007 2:34pm
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
I edited above ... tried to brush the nonsense out of my statement!! 
I edited above ... tried to brush the nonsense out of my statement!!
I'm currently finishing up on doing some clean up in da personal budgetary files
. Shall be wire-transferring hopefully next week if all goes well. Yippi-pippies
- #1,574
- Nov 4, 2007 3:20pm Nov 4, 2007 3:20pm
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
Not sure I see any changes, but I generally get the sense of what you mean in general anyway (generally, that is)
I'm currently finishing up on doing some clean up in da personal budgetary files
So you scrap all the nickels and dimes togehter right now?
Hope you get it going soon. Guess that will spur us on even more - making money with the system on a regular basis!That is something that I will start in a more organized way also during this week. So far the "real live testing" account has really been going well, but that was mainly done by switching EAs and settings around like crazy!
Good evening!
GnMatt
General Anyway, brother of Colonel Gettingclose! LOL
So you scrap all the nickels and dimes togehter right now?
That is something that I will start in a more organized way also during this week. So far the "real live testing" account has really been going well, but that was mainly done by switching EAs and settings around like crazy!
Good evening!
GnMatt
Isn't it getting late at your end? I'm now back at 6 hours time diff. from you snifffffff.
- #1,576
- Nov 4, 2007 3:49pm Nov 4, 2007 3:49pm
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
Yes and if I'm not mistaken, your "real" account trades molecular sized lots (like nano sub atomic microscopic lots)? I intend on starting my first week exactly as the B&Bs with 0.1 lots (minis or 1$/pip, etc.) Then as I calm down (LOL) I might up that to 0.2 (and so on). Will depend on m confort level with real nickles & dimes
Isn't it getting late at your end? I'm now back at 6 hours time diff. from you snifffffff.
This account up there was really traded at 0,10 USD per pip. Still made sometime 70+ USD per day and at least 50 as a median income. I guess 1 USD/pip is a good starter - will also lead to nice extra income and does not hurt so badly if the first few trades go averse!
I will stay around for a while and will wave as I leave! hihi
Gnattler
By the way, I saw some people mention that dec and jan aren't "usually" very volatile. I ran some tests from 1 nov 2006 to jan 31 2007 and although the averages are a bit under the weather, they are in no way even close to negative, maybe about 35% lower than our current average, so all is well, may not become trillionaires before year end, but I'm in no hurry 
:
:
Right DST has caught up again - but it is still rather decent 22:45! Still I need to jump to bed soon, as tomorrow I am the small dragons dompteur again!! Guess during the week it will be a bit hard to catch you here in the evening if you do not find the time to jump in during the day every now and then!
This account up there was really traded at 0,10 USD per pip. Still made sometime 70+ USD per day and at least 50 as a median income. I guess 1 USD/pip is a good starter - will also lead to nice extra income and does not hurt so badly if the first few trades go averse!
I will stay around for a while and will wave as I leave! hihi
Gnattler
In my case, yes "nice extra income" until I can BADABOUM it into a bit more than that (I won't go crazy, I'm no gambler) but I keep (it's automatic/a reflex) multiplying my mini lot gains by 10. It's a tic!
And I'll try to drop in tomorrow as I'll be firing up my bots tonite a bit later and will be monitoring from work on a special window thing I set up (it's basically a mirror of my platforms here, but without the GRAPHS, just the numbers)
- #1,579
- Nov 4, 2007 4:06pm Nov 4, 2007 4:06pm
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
By the way, I saw some people mention that dec and jan aren't "usually" very volatile. I ran some tests from 1 nov 2006 to jan 31 2007 and although the averages are a bit under the weather, they are in no way even close to negative, maybe about 35% lower than our current average, so all is well, may not become trillionaires before year end, but I'm in no hurry
We might just start the full lotsize per account in February. But December may actually be different and better this year, as some banks, who can still save their balance sheets, may really go heavily into windowdressing this year. So some currencies may get battered or suddenly appreciated in the last few days befor christmas. After that... nothing, if the hedgefunds do not try to attack the thin market. Good Night from here!!
Hope you find some good dimes in the budgettia!
Ciao
GMatt
- #1,580
- Nov 4, 2007 4:13pm Nov 4, 2007 4:13pm
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
Yeah well nano lots or not, your results are quite impressive to say the least, it's always the pipage that counts anyway in any system. After that, it's your/our discretion to decide how much a pip is worth !
In my case, yes "nice extra income" until I can BADABOUM it into a bit more than that (I won't go crazy, I'm no gambler) but I keep (it's automatic/a reflex) multiplying my mini lot gains by 10. It's a tic!
And I'll try to drop in tomorrow as I'll be firing up my bots tonite a bit later and will be monitoring from work on a special window thing I set up (it's basically a mirror of my platforms here, but without the GRAPHS, just the numbers)
I would really like to cover most or all of my normal costs with this system asap. That would really free me from getting up at 3:30 to trade a NZD or AUD report and then finding sleep again.
And then just build it from there. You're projections were very promising the other night, so it seems obvious to step up the lotsize or just copy accounts into new ones of the same size. I have found it easier to do the same thing thrice with 3 lots than doing it once with 9 lots. Maybe because I traded multiple accounts with the bank all the time! Psychological knack there!
Hope you have a good evening and night and then see YOU at work your morning!! (Do you have snow? Calgary has snow ... my sister is "very amused")
Ciao
GMatt